The price of a new model of iPad tends to fall significantly a year after it is introduced. Suppose Jane bought an iPad as soon as it was introduced (a year ago) and paid a premium price for it. Now she wants to buy an iPad cover. Which of the following should she consider before buying the new accessory?

A. The price of replacing her iPad, the price of the iPad cover, and the benefit she'll receive from using the iPad cover
B. The price of the iPad cover and the benefit she'll receive from using the iPad cover
C. The price she paid for her iPad, the price of the iPad cover, and the benefit she'll receive from using the iPad cover
D. The price of the iPad cover had she bought it with the iPad, the current price of the iPad cover, and the benefit she'll receive from using the iPad cover


Answer: B

Economics

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